x
Showing 1 of 0
X
Save

34-36 Sparkill
Call Listing Agent NY 12208 US

$1,250,000

Active Listing ID 1044479
home icon
Other

$1,250,000

Active Listing ID 1044479
Save

34-36 Sparkill INVESTMENT OPPORTUNITY - TWO 5-UNIT MULTIFAMILY PROPERTIES | 10 UNITS | 7.5% CAP RATE Exceptional opportunity to acquire two 5-unit multifamily apartment buildings offering a combined 10 residential units and strong existing income. With a gross annual income of $146, 052 and a 7.5% cap rate, this portfolio presents an attractive opportunity for investors looking to expand their holdings with an income-producing multifamily asset. Sparkill Avenue Property - 6, 608 Sq. Ft. | 5 Units The larger building consists of four spacious two-bedroom apartments and one one-bedroom basement apartment. Tenants pay their own utilities, helping reduce the owner's operating expenses and supporting stronger overall cash flow. Second Property - 4, 209 Sq. Ft. | 5 Units The second building offers a diversified unit mix consisting of three one-bedroom apartments, one two-bedroom apartment, and one studio apartment, providing rental options that appeal to a broad tenant base. Together, the properties offer approximately 10, 817 square feet, 10 rental units, and an established income stream. The combination of multiple unit sizes, tenant-paid utilities at the Sparkill property, and a 7.5% cap rate makes this an opportunity worth serious consideration for both experienced multifamily investors and buyers looking to grow their real estate portfolio. 10 Units - $146, 052 Gross Annual Income - 7.5% Cap Rate - Approximately 10, 817 Combined Sq. Ft. A compelling multifamily investment with immediate income and long-term potential. Add two income-producing properties to your portfolio in one transaction. The other property adress is 287 Mrytle Ave.

Collapse all

Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Heating Fuels: Steam, Baseboard
  • Additional Features
  • Basement

School Information

  • School
  • Delaware Community School(Elementary)
  • STEPHEN AND HARRIET MYERS MIDDLE SCHOOL(MiddleSchool)
  • Albany High School(HighSchool)

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1250000
  • unparsedaddress: 34-36 Sparkill
  • postalcity: Call Listing Agent
  • stateorprovince: NY
  • country: US
  • postalcode: 12208
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Jean M DiMatteo
  • listagentemail: jdimatt@outlook.com
  • listagentkey: 3yd-MLSLINY-37316
  • listagentmlsid: 37316
  • listagentpreferredphone: 9144438077
  • listofficekey: 3yd-MLSLINY-DIMTEO
  • listofficemlsid: DIMTEO
  • disclaimer: Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MLSLINY
  • yearbuilt: 1929
  • listingcontractdate: 2026-08-30
  • listagentfax: 8453411380
  • countyorparish: Albany County
  • elementaryschool: Delaware Community School
  • highschool: Albany High School
  • elementaryschooldistrict: Albany
  • middleorjuniorschooldistrict: Albany
  • highschooldistrict: Albany
  • constructionmaterials: Brick, Vinyl Siding
  • heating: Steam, Baseboard
  • numberofunitstotal: 10
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Driveway
  • waterfrontyn: False
  • franchiseaffiliation: None
  • architecturalstyle: Other
  • rooms: Basement
  • basement: Unfinished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"DIMATTEO REALTY LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jdimatt@outlook.com", "ListBrokerageCity":"MIDDLETOWN", "ListBrokerageCountry":"US", "ListBrokerageEmail":"SDIMATTEO@HVC.RR.COM", "ListBrokerageLogoUrl":null, "ListBrokerageName":"DIMATTEO REALTY LLC", "ListBrokeragePhone":"(914) 443-8077", "ListBrokeragePostalCode":"10940", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"416 EAST MAIN ST", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"20 EISENHOWER DR ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"DIMTEO", "ListOfficeCity":"Middletown", "ListOfficeCountry":"US", "ListOfficeEmail":"sdimatteo@hvc.rr.com", "ListOfficePostalCode":"10940", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale, Call Listing Agent, NY", "ListingURL":"https://listings.listhub.net/pages/MLSLINY/1044479/?channel=rexren", "MLSModificationTimestamp":"2026-09-02 07:26:39", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":22704, "TaxDescription":null, "TaxYear":"1929"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/2/2026 7:45:15 AM GMT
Source Updated Date: 9/5/2026 12:48:41 PM GMT

Courtesy of: Jean M DiMatteo, DiMatteo Realty LLC, jdimatt@outlook.com

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.